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Framingham 01701
166 Lockland Ave.
$365,290
● House - Off Market

166 Lockland Ave.

Framingham, MA 01701
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,870 Ft²
$562,541
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

Location is prime for this 3 bedroom,1 full, 2 half bath Split Entry. Great North side neighborhood!  Spacious living room with a fireplace and bay window which opens to the formal dining room. Eat in Kitchen with pantry closet. Large bedrooms with double closets. Master has half bathroom and a walkin closet. This home has hardwood floors and Replacement windows and slider on first floor.Entry landing was just refinished to show how nice the floors will look when redone. Semi finished lower level. A family room with a wood burning fireplace and an additional room for an office or 4th bedroom and a half bath. Central air on the first floor.1 car garage with a work area and an expanded driveway. A great value!
Unit Size
1,870 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$187
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72089644)

Price History

Date / Event Date Event Price
Mar 15, 2017 Sold
Premium
Sold
Nov 3, 2016 Listed by Coldwell Banker Residential Brokerage - Framingham $350,000
Listed by Coldwell Banker Residential Brokerage - Framingham
Jun 7, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,300
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,551
  • Total Building Area: 1,350
  • Gross Building Area: 3,226
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000357
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Framingham School District
  • Census Tract: 383600

Zoning

  • Zoning: R-1

Geography

  • Account Number: F_678021_2936241
  • Parcel: FRAM M:081 B:86 L:0224 U:000
  • Block: 86
  • Lot: 224
  • Municipality: FRAMINGHAM
  • Latitude: 42.3052
  • Longitude: -71.4191

    Address

  • Full Address: 166 Lockland Ave
  • Address - House Number: 166
  • Address - Street Name: Lockland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Framingham
  • Carrier Code: C033
  • 4-Digit Zip Code: 7931
  • Zip Code: 01701

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $679,400

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 590,767
  • High Value: 731,062
  • Low Value: 450,473

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $545,300
  • Assessed Land Value: $238,100
  • Assessed Improvements Value: $307,200

    Sales

  • Current Sale Recording Date: Mar 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38421
  • Previous Sale Recording Date: Jun 07, 1996
  • Previous Sale Amount: $176,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Framingham

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$363

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2076 ft²

Average Home Age

62.4 years

Currently For Sale

137 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72089644

Frequently Asked Questions

When was property at 166 Lockland Avenue built and last sold?
The property at 166 Lockland Avenue was built in 1964 and last sold on Jan 1, 1970 for $365,290.
How much is this home worth?
The estimated value of the home located at 166 Lockland Avenue is $373,028.
What are some comparable homes to 166 Lockland Avenue?
There are currently no comparable homes to 166 Lockland Avenue.
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